The crypto assets market experienced a strong rise over the weekend, with Ethereum (ETH) performing particularly well. Although there were previous analyses predicting that ETH might pull back after reaching a new high, the actual trend exceeded expectations.



ETH not only broke through the key turnover level of 4010, but also climbed above 4200, demonstrating extraordinary market strength. Although the price experienced a brief pullback, it remains stable above the 4-hour MA7 moving average, indicating that it is still in a strong phase. If the market can successfully digest the selling pressure and stabilize, the next target may be around 4140.

It is worth noting that the liquidity of the crypto market is usually poor during weekends. However, if the market's risk appetite continues to remain optimistic, ETH is likely to maintain its upward momentum over the weekend. In fact, ETH's performance in breaking through 4200 has validated this view.

Meanwhile, the altcoin market is also showing active trends. Some investors have begun to position themselves in strong altcoins such as Solana (SOL) and Elrond (ENA). Considering the current market atmosphere, these altcoins may perform well in the near future.

However, investors still need to be cautious. Despite the strong rise in the market, the high volatility of the Crypto Assets market still exists. It is recommended that investors closely monitor market trends, manage risks appropriately, and avoid blindly chasing high prices.

In addition, the recent market has also been influenced by some macro factors, including Bitcoin liquidity issues and former U.S. President Trump's attitude towards encryption policies. These factors could have a profound impact on market trends and are worth continuous attention from investors.
ETH2.15%
SOL0.32%
ENA11.95%
BTC2.64%
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AirdropHunterKingvip
· 20h ago
gas fees have risen to the sky, the 毛党 can only stare in disbelief.
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ZhangJimingvip
· 08-09 07:56
Just go for it💪
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DecentralizedEldervip
· 08-09 07:52
Alts are just a trap, anyone who touches them will regret it.
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RugPullAlertBotvip
· 08-09 07:47
Looks like some suckers are ready to chase the price again today.
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ForkMongervip
· 08-09 07:45
ngmi if u think this pump's organic... protocol darwinism at its finest tbh
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SchroedingerAirdropvip
· 08-09 07:24
buy the dip eth is completely correct
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SigmaValidatorvip
· 08-09 07:24
Let's see who dares to shorting ETH!
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